First Horizon Corporation (FHN) — Capital Reinvestment Ratio
First Horizon Corporation (FHN) has a Capital Reinvestment Ratio of 0.03x as of June 2026, meaning it reinvests 0% of its operating cash flow ($863.00 Million) in capital expenditures ($27.00 Million). Check tangible equity quality of First Horizon Corporation to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
First Horizon Corporation Capital Reinvestment Ratio (1989–2025)
This chart tracks First Horizon Corporation's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see First Horizon Corporation (FHN) cash flow conversion.
Annual Capital Reinvestment Ratio for First Horizon Corporation (1989–2025)
Year-by-year Capital Reinvestment Ratio for First Horizon Corporation from 1989 to 2025. See FHN free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.03x | $988.00 Million | $33.00 Million | ▼ -3.7% |
| 2024 | 0.03x | $1.27 Billion | $44.00 Million | ▲ +21.8% |
| 2023 | 0.03x | $1.30 Billion | $37.00 Million | ▲ +135.1% |
| 2022 | 0.01x | $2.31 Billion | $28.00 Million | ▼ -83.1% |
| 2021 | 0.07x | $741.00 Million | $53.00 Million | ▼ -78.8% |
| 2020 | 0.34x | $172.00 Million | $58.00 Million | ▲ +469.5% |
| 2019 | 0.06x | $830.29 Million | $49.16 Million | ▼ -71.1% |
| 2018 | 0.20x | $234.31 Million | $48.00 Million | ▼ -41.1% |
| 2016 | 0.35x | $179.99 Million | $62.55 Million | ▲ +219.4% |
| 2015 | 0.11x | $367.16 Million | $39.95 Million | ▲ +144.1% |
| 2014 | 0.04x | $704.71 Million | $31.40 Million | ▼ -29.7% |
| 2013 | 0.06x | $431.37 Million | $27.35 Million | ▲ +7.8% |
| 2012 | 0.06x | $371.55 Million | $21.86 Million | ▼ -92.7% |
| 2011 | 0.81x | $43.97 Million | $35.41 Million | ▲ +1350.8% |
| 2010 | 0.06x | $768.07 Million | $42.63 Million | ▲ +105.5% |
| 2009 | 0.03x | $784.27 Million | $21.18 Million | ▲ +387.8% |
| 2008 | 0.01x | $4.28 Billion | $23.67 Million | ▼ -98.1% |
| 2007 | 0.30x | $113.20 Million | $33.54 Million | ▲ +380.7% |
| 2006 | 0.06x | $1.63 Billion | $100.21 Million | ▼ -67.9% |
| 2005 | 0.19x | $498.73 Million | $95.66 Million | ▲ +205.5% |
| 2003 | 0.06x | $2.38 Billion | $149.60 Million | ▼ -31.7% |
| 2000 | 0.09x | $488.23 Million | $44.88 Million | ▲ +72.6% |
| 1999 | 0.05x | $2.00 Billion | $106.40 Million | ▼ -86.0% |
| 1996 | 0.38x | $98.80 Million | $37.50 Million | ▲ +757.3% |
| 1994 | 0.04x | $869.60 Million | $38.50 Million | ▼ -67.2% |
| 1992 | 0.14x | $120.70 Million | $16.30 Million | ▼ -21.6% |
| 1991 | 0.17x | $116.10 Million | $20.00 Million | ▲ +49.4% |
| 1990 | 0.12x | $185.60 Million | $21.40 Million | ▼ -44.5% |
| 1989 | 0.21x | $86.70 Million | $18.00 Million | — |